DOGE

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0101%/8h= −11.1% APRnext payment −$0.13 per $10,000 · paid last 24h −0.021%

Price spread now: Lighter against Reya+0.066%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Reya Short on Lighter

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropReya: Active · Lighter: Season 3 · farm boardneeds both histories

The price spread pays, funding is against you. Lighter is 0.066% dearer against Reya than usual: you sell high and buy low (spread +0.066% now, against zero (this spread has no 7-day history yet)): +$7 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 2.2 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Reya DOGERUSDPERP	0.1002	0.0197	pay 0.0025% / 1h	16m 46s	$2K	—	20x
Short	Lighter DOGE	0.1002	0.0096	get 0.0012% / 1h	16m 46s	$850K	$6.8M	15x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter against Reya. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee ReyabpFee LighterbpOrdersPrice spread, now +0.066%Rate

Funding earned: −$21.31
Price spread: +0.066% → 0.000%: $6.58
Slippage, 4 orders: no order book: not counted
Fee Reya: 3 bp × 2 orders: −$6
Fee Lighter: 0 bp × 2 orders: $0
Net: −$20.73
Costs to cover: 0.060%
Break-even: from the start

Slippage unknown: Reya: no order-book sample; Lighter: live order book, 11 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Reya no order-book sample	—	—	—	—	—
Sell Lighter live order book, 11 min ago	2.30 bp	2.8 bp −$3	11.5 bp −$115	34.5 bp −$3,451	doesn't fit

Reya: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

DOGE on 43 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Kraken Futures PF_DOGEUSD	−0.0082%	1h	0.1002	+0.064%	$5.7M	$40.6M	50x	as long as short
dYdX DOGE-USD	0.0000%	1h	0.1002	+0.043%	$225K	$69K	10x	as long as short
Kalshi KXDOGEPERP	0.0000%	8h	0.1002	+0.068%	$613K	$6.6M	2.8x	as long as short
gTrade (Gains Network) DOGE/USD	L +0.0001% / S 0.0000%	1h	0.1002	+0.007%	$36K	—	150x	as long as short
Injective DOGE/USDC PERP	+0.0033%	1h	0.1053	+5.134%	$6K	$242K	12x	as long as short
Polymarket Perps DOGE-USD	+0.0051%	1h	0.1001	−0.018%	$263K	$1.2M	10x	as long as short
Bitget DOGEUSDT	+0.0052%	8h	0.1001	−0.038%	$142.2M	$344.4M	75x	as long as short
Phoenix DOGE	+0.0080%	1h	0.1003	+0.097%	$18K	$382K	10x	as long as short
Lighter DOGEshort	+0.0096%	1h	0.1002	+0.066%	$850K	$6.8M	15x
Nado DOGE-PERP	+0.0100%	1h	0.1002	+0.072%	$541K	$1.1M	10x	as long as short

Show all 43 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster DOGEUSDT	+0.0100%	8h	0.1002	+0.075%	$4.5M	$58.6M	75x	as long as short
Pacifica DOGE	+0.0100%	1h	0.1002	+0.081%	$320K	$501K	20x	as long as short
Binance DOGEUSDT	+0.0100%	8h	0.1003	+0.093%	$330.4M	$1.72B	75x	as long as short
Bybit DOGEUSDT	+0.0100%	8h	0.1002	+0.032%	$165.7M	$522.0M	75x	as long as short
OKX DOGE-USDT-SWAP	+0.0100%	8h	0.1002	+0.062%	$117.6M	$1.21B	50x	as long as short
Bulk DOGE-USD	+0.0100%	1h	0.1003	+0.118%	$385K	$16K	10x	as long as short
Gate DOGE_USDT	+0.0100%	8h	0.1002	+0.032%	$250.6M	$157.1M	75x	as long as short
MEXC DOGE_USDT	+0.0100%	8h	0.1002	+0.072%	$112.2M	$258.3M	300x	as long as short
KuCoin DOGEUSDTM	+0.0100%	8h	0.1002	+0.072%	$66.9M	$50.2M	75x	as long as short
BingX DOGE-USDT	+0.0100%	8h	0.1002	+0.062%	—	$53.2M	—	as long as short
Backpack DOGE_USDC_PERP	+0.0100%	1h	0.1002	+0.082%	$303K	$1.3M	15x	as long as short
Variational Omni DOGE	+0.0100%	8h	0.1002	+0.019%	$1.1M	$8.7M	—	as long as short
edgeX DOGEUSDC	+0.0100%	4h	0.1002	−0.007%	$304K	$140.3M	20x	as long as short
GRVT DOGE_USDT_Perp	+0.0100%	8h	0.1001	−0.048%	$631K	$4.6M	10x	as long as short
ApeX Omni DOGEUSDT	+0.0100%	1h	0.1003	+0.142%	$148K	$340K	25x	as long as short
Orderly PERP_DOGE_USDC	+0.0100%	8h	0.1002	+0.012%	$67K	$474K	50x	as long as short
SunX DOGE-USDT	+0.0100%	8h	0.1003	+0.096%	$35K	$2.3M	30x	as long as short
SoDEX DOGE-USD	+0.0100%	1h	0.1002	+0.052%	$2K	$5.4M	10x	as long as short
HTX DOGE-USDT	+0.0100%	8h	0.1002	+0.057%	$5.9M	$69.0M	75x	as long as short
Phemex DOGEUSDT	+0.0100%	8h	0.1002	+0.062%	$91.9M	$17.1M	50x	as long as short
Paradex DOGE-USD-PERP	+0.0100%	8h	0.1002	+0.041%	$18K	$5K	30x	as long as short
Extended DOGE-USD	+0.0104%	1h	0.1002	+0.014%	$488K	$4.1M	50x	as long as short
Aevo DOGE-PERP	+0.0104%	1h	0.1002	+0.028%	$19K	—	3x	as long as short
Katana Perps DOGE-USD	+0.0108%	8h	0.1002	+0.042%	$1K	$537K	10x	as long as short
Hyperliquid DOGE	+0.0138%	1h	0.1003	+0.112%	$124.7M	$116.6M	10x	as long as short
Reya DOGERUSDPERPlong	+0.0197%	1h	0.1002	long leg	$2K	—	20x
BloFin DOGE-USDT	+0.0220%	8h	0.1002	+0.082%	$16.2M	$27.2M	75x	as long as short
Coinbase International DOGE-PERP-INTX	+0.0240%	1h	0.1003	+0.092%	$1.9M	$34.9M	50x	as long as short
GMX DOGE/USD [ETH-USDC]	L +0.0250% / S −0.0297%	1h	0.1002	+0.003%	$315K	—	200x	as long as short
Deribit DOGE_USDC-PERPETUAL	+0.0259%	1h	0.1002	+0.060%	$575K	$253K	25x	as long as short
01 Exchange DOGEUSD	+0.0264%	1h	0.1003	+0.126%	$446	$4K	10x	as long as short
Arcus DOGE-USD	+0.0387%	1h	0.1002	+0.042%	$18K	$307K	10x	as long as short
RISEx DOGE/USDC	+0.0626%	1h	0.1003	+0.114%	$404K	$458K	10x	as long as short